Leon’s Furniture (OTCMKTS:LEFUF) Stock Price Down 1.4% – What’s Next?

Leon’s Furniture Limited (OTCMKTS:LEFUF)’s share price fell 1.4% during mid-day trading on Thursday . The stock traded as low as $19.62 and last traded at $19.73. 1,410 shares traded hands during trading, a decline of 18% from the average session volume of 1,718 shares. The stock had previously closed at $20.00.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LEFUF shares. National Bankshares reaffirmed an “outperform” rating on shares of Leon’s Furniture in a research note on Friday, August 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Leon’s Furniture in a report on Monday, August 11th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Leon’s Furniture in a research note on Friday, August 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Leon’s Furniture Trading Up 1.1%

The company has a fifty day moving average price of $20.60 and a two-hundred day moving average price of $20.36.

Leon’s Furniture Company Profile

Leon’s Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon’s and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.